Settings8H · net · $10k
Funding arb · Price arb /

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0249%/8h= +27.3% APRnext payment +$0.31 per $10,000 · paid last 24h +0.040%
Price spread now: tradeXYZ against Extended+0.054%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$480.481% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.231%+$23 on $10k
Price spread, last 4 days (all we have)−0.125%−$13 · spread now +0.054%, 7d avg +0.035%
Together, before fees+0.105%+ Points / potential airdropExtended: Active · tradeXYZ: Active · farm board+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.035%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended NBIS-USD230.720.0064pay 0.0008% / 1h55m 28s$145K$856K10x
ShorttradeXYZ xyz:NBIS230.840.0313get 0.0039% / 1h55m 28s$54.2M$22.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$52.3
Price spread: +0.054% → +0.035%
$1.94
Slippage, 4 orders
−$25.13
Fee Extended: 2.5 bp × 2 orders
−$5
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
$6.11
Costs to cover
0.481%
Break-even
6.2 days
Slippage from Extended: live order book, 38 min ago; tradeXYZ: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 38 min ago1.98 bp12.2 bp −$1297.2 bp −$972doesn't fitdoesn't fit
Sell tradeXYZ live order book, 4 min ago0.22 bp11.4 bp −$1117.2 bp −$172doesn't fitdoesn't fit

NBIS on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NBISUSDT−0.0045%8h230.54−0.076%$2.3M$4.6M20xas long as short
OKX NBIS-USDT-SWAP0.0000%8h230.51−0.089%$3.3M$16.4M25xas long as short
Gate NBIS_USDT0.0000%8h230.85+0.058%$2.7M$5.0M50xas long as short
SunX NBIS-USDT0.0000%8h231.17+0.197%$1K$1.6M10xas long as short
Phemex NBISUSDT0.0000%8h231.30+0.253%$1.6M$971K10xas long as short
Variational Omni NBIS+0.0011%8h231.16+0.193%$2.8M$639Kas long as short
Aster NBISUSDT+0.0027%8h230.80+0.036%$74K$320K50xas long as short
Vest NBIS-USD-PERP+0.0046%1h230.72+0.002%$246K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h230.57−0.063%$137K$467K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h230.99+0.119%$149K$538K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX NBIS-USD+0.0054%1h230.61−0.046%$1.5M$3.7M10xas long as short
BloFin NBIS-USDT+0.0055%8h231.36+0.279%$202K$215K20xas long as short
Extended NBIS-USDlong+0.0064%1h230.72long leg$145K$856K10x
Binance NBISUSDT+0.0068%8h230.76+0.018%$18.8M$90.8M25xas long as short
Coinbase International NBIS-PERP-INTX+0.0088%1h230.78+0.028%$382K$869K10xas long as short
KuCoin NBISUSDTM+0.0100%8h230.93+0.093%$468K$106K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h231.13+0.180%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h231.13+0.179%10xas long as short
Nado NBIS-PERP+0.0107%1h230.56−0.066%$38K$116K3xas long as short
Bybit NBISUSDT+0.0175%8h230.74+0.011%$4.9M$6.8M50xas long as short
HTX NBIS-USDT+0.0191%8h230.95+0.102%$13K$62K20xas long as short
Arcus NBIS-USD+0.0257%1h230.62−0.041%$42K$124K5xas long as short
Phoenix NBIS+0.0277%1h230.93+0.093%$7K$127K10xas long as short
Lighter NBIS+0.0312%1h230.94+0.097%$932K$4.0M10xas long as short
tradeXYZ xyz:NBISshort+0.0313%1h230.84+0.054%$54.2M$22.0M10x
SoDEX NBIS-USD+0.0432%1h231.19+0.206%$74$20K10xas long as short
Deribit NBIS_USDC-PERPETUAL+0.0529%1h231.10+0.167%$34K$50K10xas long as short
edgeX NBISUSDC+0.0719%4h231.07+0.154%$37K$226K10xas long as short
Entropy io:NBIS+0.0766%1h230.84+0.054%$10.1M$3.2M10xas long as short
Kraken Futures PF_NBISUSD+0.0768%1h231.20+0.211%$22K$16K20xas long as short
GRVT NBIS_USDT_Perp+0.0822%8h231.19+0.206%$5K$114K10xas long as short